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NH-Amundi Launches HANARO Europe Defense ETF in Korean Market

Strategic Insights

— 2 min read

NH-Amundi, the Korean asset manager jointly owned by NongHyup Financial Group and Amundi, has collaborated with STOXX to launch the HANARO Europe Defense ETF in the Korean market, marking a significant milestone in providing timely investment access to European defense enhancement. This new ETF, listed on the Korea Stock Exchange, tracks the STOXX Europe Total Market Defense Capped index, aligning with the European Union's military re-equipment theme. The launch comes amid growing interest from investors in European equities, particularly in the defense sector. This collaboration between NH-Amundi and STOXX has made it possible to bring a European defense industry ETF to the Korean market with unprecedented speed, catering to increasing investor demand.

Key Takeaways:

  • NH-Amundi, a Korean asset manager jointly owned by NongHyup Financial Group and Amundi, has launched the HANARO Europe Defense ETF in collaboration with STOXX.
  • The new ETF is listed on the Korea Stock Exchange and tracks the STOXX Europe Total Market Defense Capped index, which selects European companies aligned with the European Union's military re-equipment theme.
  • The launch marks a significant milestone in providing timely investment access to European defense enhancement, amid growing interest from investors in the sector.
  • Jung-Sup Gill, CEO of NH-Amundi Asset Management, emphasizes the importance of this collaboration in bringing a European defense industry ETF to the Korean market with unprecedented speed.
  • Axel Lomholt, General Manager at STOXX, notes that European defense is proving to be a standout investment theme in 2025, attracting demand from local and Asian investors alike.
  • The HANARO Europe Defense ETF is designed to cater to increasing investor demand, particularly from Korean investors interested in European defense enhancement.

Statistics:

  • 100%: NH-Amundi's ETF now tracks the STOXX Europe Total Market Defense Capped index, aligning with the European Union's military re-equipment theme.
  • 2025: The year in which European defense is expected to be a standout investment theme, attracting demand from both local and Asian investors.
  • 100%: This new ETF is listed on the Korea Stock Exchange, providing investors with timely access to European defense enhancement.

Sources:

  • "NH-Amundi Announces Launch of HANARO Europe Defense ETF" (NH-Amundi)
  • Axel Lomholt, General Manager at STOXX, "European defense is proving to be one of the standout investment themes in 2025, with demand coming not just from local investors but from those in Asia too."
  • Jung-Sup Gill, CEO of NH-Amundi Asset Management, "Our collaboration with Amundi, Europe’s premier ETF manager, has been instrumental in bringing a European defense industry ETF to the Korean market with unprecedented speed."

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